Fact sheet: FL UK Tracker AP

Fund information
Fund name
FL UK Tracker AP 1 Acc
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
  • Europe Equity Index Teamsince 04/12/2009
Underlying fund
Vanguard FTSE U.K.All Shr Idx
Fund objective
The fund seeks to track the performance of the FTSE All-Share Index. The fund employs an indexing investment strategy designed to achieve a result consistent with the replication of the index by investing in all, or a representative sample of, the securities that make up the index, holding each stock in approximate proportion to its weighting in the index. The index is a free-float market-capitalisation weighted index representing the performance of all eligible companies listed on the London Stock Exchange’s main market, which pass screening for size and liquidity. To track the index as closely as possible, the fund attempts to remain fully invested in stocks.
Benchmark
  • FTSE All Share
Investment style
Passive/Tracking
Investment method
Indices
Quick stats
1 Year return
14.2%
1 Year rank in sector
112/845
Sector
PN UK All Companies
Yield
-
Fund size
£53m (£55m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
93
Bid price
190.3
Offer price
200.3
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn50.2%
Fidelity UBS UK Select Pn31.2%
Halifax IM UK Growth Pn30.9%
CM UBS UK Opportunities Pension30.7%
SW UBS UK Opps Pn30.2%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.7%0.8%10.1%14.2%16.1%49.6%
Sector2.1%0.1%7.1%8.2%16.6%60%
Rank within sector505 / 867289 / 864198 / 863112 / 845415 / 807558 / 758
Quartile3rd2nd1st1st3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund12.3%-0.2%19.1%12.2%
Sector7.1%4.4%0.6%24.2%15.4%
Rank within sector141 / 845654 / 833420 / 808654 / 787491 / 760
Quartile1st4th3rd4th3rd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
0.42
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.83
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.05
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
9.34
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
5.07
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.07
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.74
Price movement
52 week high193.7
52 week low149.9
Current bid price190.3
Current offer price200.3
Current mid price-
Region
1UK100%
Industry sector
1Financials23.6%
2Consumer Goods17.4%
3Oil & Gas11.6%
4Consumer Services11.5%
5Industrials10.6%
6Health Care9.9%
7Basic Materials6.1%
8Telecommunications4.4%
9Utilities3.9%
Asset type
1UK Equities100%
Individual holdings
1ROYAL DUTCH SHELL7.1%
2HSBC HLDGS5.2%
3BRITISH AMERICAN TOBACCO4.1%
4BP3.8%
5GLAXOSMITHKLINE3.6%
6ASTRAZENECA PLC2.8%
7VODAFONE GROUP2.7%
8DIAGEO2.5%
9RECKITT BENCKISER GROUP PLC2.1%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
The fund seeks to track the performance of the FTSE All-Share Index. The fund employs an indexing investment strategy designed to achieve a result consistent with the replication of the index by investing in all, or a representative sample of, the securities that make up the index, holding each stock in approximate proportion to its weighting in the index. The index is a free-float market-capitalisation weighted index representing the performance of all eligible companies listed on the London Stock Exchange’s main market, which pass screening for size and liquidity. To track the index as closely as possible, the fund attempts to remain fully invested in stocks.
Benchmark
  • FTSE All Share
Investment style
Passive/Tracking
Investment method
Indices
Fund manager
NameSinceBiography
Europe Equity Index Team04/12/2009
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL UK Tracker AP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price218.5
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAJ81
FL UK Tracker AP 1 Acc
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.08%
Bid price190.3
Offer price200.3
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQP22
FL UK Tracker AP Inet
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.08%
Bid price-
Offer price-
Mid price275.6
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG779
Data provided by

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